Can Green Buildings Become Popular in India?

Mumbai-based Lodha Group announced a green building project at Kanjur Marg recently. With this, Lodha Group joins the bandwagon of other private property developers who are developing green buildings in India. Hiranandani Group, K Raheja Corp and RMZ Corp have already launched green construction at various part of the country.

Green buildings usually involve an incremental cost of 7-10 % over traditional buildings. This may become a hindrance for small developers who want to build energy efficient buildings.

Have your say – Do you think Indian developers can embrace green building concept, overlooking the financial burden? Share your opinion with us.

Can Green Homes be Affordable?

Building green homes is becoming popular in India. Civic authorities started this trend by constructing energy efficient buildings. These buildings use energy saving practices like making optimum use of daylight, reusing water and conserving energy. The India Habitat Centre at New Delhi is one such building.

Many private property developers are trying to incorporate these features in their construction. The only hindrance is that the construction material required to build an energy efficient building (special bricks, glazed glass etc) is very expensive. Hence the overall construction cost rises.

Will any technological innovation help in reducing costs for green buildings? Do you know of any property developer who is constructing green homes?